Budget and Annual Financial Report

Annual Budget

The annual budget is the City's plan for providing services to its citizens and consists of the following sections:

  • City Manger's Budget Summary
  • General and Property Tax Information
  • Fund Information
    • General Fund
    • Special Revenue Fund
    • Debt Service Fund
    • Capital Improvement Funds
    • Enterprise Funds
  • Capital Improvement Plan

2020 Budget

2020 Budget Goals (PDF)

2019 Budget

2019 Budget Goals (PDF)

2019 Truth-in-Taxation and Budget Presentation (PDF)

Adopted 2019 Budget (adopted 12/17/19) (PDF)

2018 Budget

2018 Budget Goals (PDF)

2018 Budget Presentation 12/4/17 (PDF)

Adopted 2018 Budget (adopted 12/18/17) (PDF)

2017 Budget

2017 Budget Goals (PDF)

2017 Budget Presentation 12/5/16 (PDF)

Adopted 2017 Budget (adopted 12/19/16) (PDF)

Annual Financial Report

Each year the City is audited by an independent audit firm to ensure fiscal soundness and compliance with regulations set forth by the State of Minnesota and other agencies. The City's auditors issued an unqualified opinion regarding the City's 2018 financial statements which means the financial statements present fairly, in all material respects, the financial position of the City and each of its funds. Click on the link below to view the complete 2018 annual financial report.

2018 Annual Financial Report (PDF)

2017 Annual Financial Report (PDF)

2016 Annual Financial Report (PDF)

2015 Annual Financial Report (PDF)

2014 Annual Financial Report (PDF)

2013 Annual Financial Report (PDF)

For more information on the budget or annual financial report, contact the City's Finance Officer, Kelly Horn at (952) 653-3677 or email Kelly Horn.